What is a Home Survey?
At Goodby Martyn, we define a "Home Survey" as determining the viability and condition of a building,
reported in a clear and precise way, in order for you to make an informed and confident decision about the property you want to call home. (It's also known as a property survey or house survey)
​​
A "Home Survey" will provide an expert account of the condition of a property, highlighting defects, problem areas and any issues found during an inspection of the building and grounds.
There are different types and levels of surveys. The RICS has 3 levels of Home Survey, which are all visual inspections and assessments on the condition of a property.
More Good to Know:
RICS Home Surveys:
Understanding Condition Ratings and the Traffic Light system
Condition Rating 1: No urgent or serious defects. Ongoing and regular maintenance is required.
Condition Rating 2: Issues or defects, but not urgent or serious defects. Budget and action before proceeding.
Condition Rating 3: Investigation required and / or serious and / or urgent defects identified.
A Brief Overview of RICS Home Surveys
Choose one of the RICS Home Surveys below to learn more.
.jpeg)
RICS Level 1 Home Survey
(Condition Report)
​
Brief Overview: What is it?
-
Basic report on condition
-
Least comprehensive
-
'Traffic Light' ratings
-
Summary of risks / condition
-
No advice
-
No valuation
Suitable for:
-
Simple, modern homes built within the last 20 - 25 years
-
Traditionally built
-
In a reasonable state of repair
RICS Level 2 Home Survey
(Home Buyer Report)
​
Brief Overview: What is it?
-
Intermediate mid-level report
-
More detailed than Level 1
-
'Traffic Light' ratings
-
Summary of risks / condition
-
Brief advice on repairs & maintenance
-
Valuation & No valuation options
​
Suitable for:
-
Conventional properties
-
Traditionally built
-
In a reasonable state of repair
-
Built from circa 1900 and newer depending on complexity
.jpeg)
RICS Level 3 Home Survey (Building Survey)
​
Brief Overview: What is it?
-
Detailed visual inspection
-
More extensive than Level 2
-
'Traffic Light' ratings
-
Assessment of risks, condition and defects
-
More detailed advice and information on repairs & maintenance
-
Can include estimate of costs for identified defects and repairs
​
Suitable for:
-
Large, complex or run down properties
-
Buildings of any age
-
Unusual buildings or those that have been significantly altered or if you're planning major works
-
Non-traditional construction methods
What is an RICS Valuation?
An independent, robust and reliable Market Value of your property for a variety of reasons and purposes.
A clear, compliant and robust RICS Valuation Report providing the accurate market value of your residential property for a variety of purposes, including Help to Buy Redemption, probate and more.
Gareth and Tom have over 20 years combined experience in Valuation. They are experienced RICS Registered Valuers in York, Selby, Leeds, Harrogate, Pocklington and surrounding areas. Our practice is Regulated by RICS.
Learn more about:
